Somali Bantu Association Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 21,968 | 30,320 | −8,352 | 2.0 | — |
| 2015 | 83,122 | 78,055 | 5,067 | 1.5 | — |
| 2016 | 89,077 | 72,799 | 16,278 | 4.3 | — |
| 2017 | 92,961 | 94,613 | −1,652 | 3.1 | — |
| 2018 | 393,384 | 369,413 | 23,971 | 1.6 | 41% |
| 2019 | 455,942 | 524,946 | −69,004 | 1.4 | 47% |
| 2020 | 649,805 | 600,945 | 48,860 | 2.2 | 44% |
| 2023 | 1,625,473 | 1,423,900 | 201,573 | 1.1 | 48% |
In its most recent public year (2023), this organization brought in $201,573 more than it spent. Its reserves stood at about 1.1 months of spending. Staff pay was 48% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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